If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
The ethics of artificial intelligence will be critical to the success of AI going forward, a Microsoft leader and a keynote speaker at the AI Day event in Auckland next week says. Steve Guggenheimer, corporate vice president of Microsoft's AI Business, says that given AI has the potential to reshape not just industries and governments, but society as a whole. "Working on the ethics of the use of AI, from the beginning, in key areas like transparency, accountability, privacy and bias will be crucial to the success of AI going forward. "There is a strong focus on the ethical implications of the AI systems that are being built and deployed." The European Commission's group on ethics in science and new technologies recently warned that existing efforts to develop solutions to the ethical, societal and legal challenges AI presents are a'patchwork of disparate initiatives'.
Face recognition has spread from airports to soccer games to elementary schools and now, farms and stables. Global food giant Cargill announced Wednesday that it is partnering with Cainthus, an Irish computer vision company, to pilot face recognition technology on cows starting this year. Privacy advocates may be less concerned by the threat of an encroaching bovine panopticon, but the worldwide pilot speaks to how both AI and face recognition technologies are slowly being embedded in all aspects of modern life.
A new microscope will use image recognition software and machine learning technology to identify and count malaria parasites in a blood smear. The EasyScan GO, announced at MEDICA, the medical industry's leading trade fair, is the result of a partnership between the Global Good Fund, a Seattle-based group funded by philanthropist Bill Gates, and Motic, a China-based company that specializes in manufacturing microscopes. Field tests have demonstrated that the machine learning algorithm is as reliable as an expert microscopist in fighting the spread of drug resistant malaria.
Once the domain of large institutions with deep pockets, artificial intelligence is being adopted by RIAs and fee-based advisors to enhance the human connection with clients -- and gain an edge over the competition -- by transforming every aspect of the customer experience, from the front-end to the back office. Advisors say customer experience is a leading competitive advantage according to the latest Advisor Authority 360-degree Special Report on the DNA of the advisor-investor relationship. Ninety-four percent of RIAs and fee-based advisors say that the customer experience is important to their value proposition because it improves client retention. Both advisors and investors agree that building a personal one-on-one relationship is among the top factors to ensure success. And artificial intelligence is key.
In 2014 the world came into contact with Artificial Intelligence (AI) for the home with the release of Amazon Echo. This type of personal AI had been introduced previously in the mega-hit movie "Iron Man' with the AI system called "Jarvis." The main character Tony Stark uses Jarvis for anything he needs executed: lighting, television, phone calls, dinner orders, simple chores and computer data analysis. Up to a few years ago, people thought this was only possible in movies and fiction. One start-up company in New Jersey attempted to reinterpret and repurpose existing leisure drones with an added benefit of AI.
The cloud is getting smarter by the minute. In fact, it will soon know more about the photos you've uploaded than you do. Cloud storage company Box announced today that it is adding computer-vision technology from Google to its platform. Users will be able to search through photos, images, and other documents using their visual components, instead of by file name or tag. "As more and more data goes into the cloud, we're seeing they need more powerful ways to organize and understand their content," says CEO Aaron Levie.
Artificial Intelligence (AI) is considered to be the next stupendous technological development, alike past developments such as the revolution of industries, the computer era, and the emergence of smartphone technology. The North American region is expected to dominate the industry due to the availability of high government funding, the presence of leading players, and strong technical base. Advances in image and voice recognition are driving the growth of the artificial intelligence market as improved image recognition technology is critical to offer enhanced drones, self-driving cars, and robotics. The AI market can be categorized based on solutions, technologies, end use, and geography. The two major factors enabling market growth are emerging AI technologies and growth in big data espousal.